Vizrt signs USD M deal with a US Broadcast Network
13/06/2013
Vizrt Ltd. announced today a deal worth USD 1 million for broadcast graphics products with a television network in the US. The broadcaster, a long-time Vizrt customer, is using the purchase to create a new channel for the US market.
Martin Burkhalter, CEO of Vizrt, stated, This deal is a good example of how our close relationship with clients drives additional sales. In this case, the client is looking to set a new station into the market, which requires substantial integrated work flow and graphics work. Our solutions are exceptionally well suited for this and the experience the client has with us and our technology led to them selecting us for this exciting new project.
The deal includes Viz Content Pilot as a template-based system for creating graphic content in the newsroom. The producers in the newsroom will have access to the templates in their native newsroom control system. Once a template is edited, it is saved into a story and becomes part of a playlist for on-air use.
The broadcaster is also using two graphics hubs, part of the Viz Engine, for storing all of their graphic content. The graphics hubs will reside at separate facilities and replicate their content so that both of the network's locations will have access to the same graphic content.
On-air, the station will use Viz Ticker for displaying continuous updates for news and sports. There will also be a massive video wall used in the studio with multiple Viz Engines rendering content for a combined video output of 16k. The presenters in the studio will also be able to make use of a 55 inch multi-touch screen from Perceptive Pixel, a division of Microsoft, for whom Vizrt is a reseller.
About Vizrt:
Vizrt provides real-time 3D graphics and asset management tools for the broadcast industry - from award-winning animations & maps to online publishing tools. Vizrts products are used by the worlds leading broadcasters and publishing houses, including: CNN, CBS, Fox, the BBC, BSkyB, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, Times Online, The Telegraph, and Welt Online. Furthermore, many world-class production houses and corporate institutions such as the Stock Exchanges in New York and London use Vizrt systems.
Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Martin Burkhalter / CEO / 41 22 365 75 01 / MBurkhalter@vizrt.com
Tomer Wald / CFO / 47 5351 8040 / TWald@vizrt.com
Frank Schwarz / Schwarz Financial Communication / 49 611 1745 398 11 / schwarz@schwarzfinancial.com
Copyright Vizrt. All rights reserved. This press release contains forward-looking statements with respect to the business, financial condition and results of operations of Vizrt and its affiliates. These statements are based on the current expectations or beliefs of Vizrts management and are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. Vizrt undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
About Vizrt Vizrt Vizrt provides real-time 3D graphics and asset management tools for the broadcast industry - from award-winning animations & maps to online publishing tools. Vizrts products are used by the worlds leading broadcasters and publishing houses, including: CNN, CBS, Fox, the BBC, BSkyB, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, Times Online, The Telegraph, and Welt Online. Furthermore, many world-class production houses and corporate institutions such as the Stock Exchanges in New York and London use Vizrt systems. Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154.
Press Contacts
Mr. Martin Burkhalter President & CEO 41 22 365 75 01 mbu@vizrt.com
Mr. Tomer Wald CFO 47 5351 8040 twald@vizrt.com
Frank Schwarz SCHWARZ Financial Communication 49 611 1745 398 11 schwarz@schwarzfinancial.com
LINK: | http://www.vizrt.com/company/investor_releases/article19763.ece... |
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